Steven M. Sear - 05 Aug 2026 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Reporting relationship: EVP - Global Sales & Distrib
Issuer ticker: DAL
Reported as of: 05 Aug 2026
Net transaction value: -$3,785,154
SEC form: 4
Accepted by SEC: 06 Aug 2026, 16:30:14 UTC
Prior SEC filing: 10 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Alan T. Rosselot as attorney-in-fact for Steven M. Sear

Key filing fact

Steven M. Sear filed Form 4 for DELTA AIR LINES, INC. (DAL) on 06 Aug 2026.

Key facts

This page summarizes Steven M. Sear's Form 4 filing for DELTA AIR LINES, INC. (DAL).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 06 Aug 2026, 16:30.

Change

Previous filing in this sequence was filed on 10 Feb 2026.
Current net transaction value: -$3,785,154.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001666169 Primary reporting owner

Sear Steven M

Relationship: EVP - Global Sales & Distrib
Address: C/O DELTA AIR LINES, INC., DEPT. 981, 1030 DELTA BLVD., ATLANTA
Signature: /s/ Alan T. Rosselot as attorney-in-fact for Steven M. Sear
Signature date: 06 Aug 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DAL transaction

Common Stock

Options Exercise

Transaction value
Shares: +40,460
Change %: +39%
Price: $51.23^*
Shares after: 144,864
Date: 05 Aug 2026
Ownership: Direct

DAL transaction

Common Stock

Sale

Transaction value: $3,785,154
Shares: -40,460
Change %: -28%
Price: $93.55
Shares after: 104,404
Date: 05 Aug 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DAL transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -40,460
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 05 Aug 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 40,460
Exercise price: $51.23
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $93.530 to $93.610 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc.

Footnote F2

The option is currently exercisable.